---
schema_version: "secwatch.filing_event.v1"
accession: "0001748824-23-000028"
form_type: "8-K"
ticker: "AAMI"
cik: "0001748824"
company_name: "Acadian Asset Management Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T22:32:25.489593+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BrightSphere Q1 GAAP EPS $0.28 vs $0.53 YoY; net income down 50%

## Summary
- GAAP net income $12.0M (Q1'22: $23.8M); diluted EPS $0.28 (Q1'22: $0.53).
- ENI EPS $0.28 vs $0.52 in Q1'22; Acadian segment Adjusted EBITDA $27.6M (Q1'22: $48.1M).
- AUM $97.5B, up 4.2% from Q4'22; third straight quarter of positive net flows at $0.1B.
- Dividend declared $0.01/share, payable June 30, 2023 to holders of record June 16.
- Management cites lower AUM from 2022 market declines and lower performance fees.

## SEC filing metadata
- accession: 0001748824-23-000028
- form_type: 8-K
- ticker: AAMI
- cik: 0001748824
- company_name: Acadian Asset Management Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1748824/000174882423000028/0001748824-23-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1748824/000174882423000028/bsig-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001748824-23-000028
- JSON: https://secwatch.observer/filing/0001748824-23-000028.json
- Plain text: https://secwatch.observer/filing/0001748824-23-000028.txt

## Key facts
- Earnings Releases
  Acadian Asset Management Inc. reported the first quarter ended March 31, 2023 results: net income $12.0 million, EPS $0.28.
  - Period: the first quarter ended March 31, 2023
  - Net income: $12.0 million
  - EPS: $0.28
  - Result: reported results
  source text: U.S. GAAP earnings per share of $0.28 for the quarter, compared to $0.53 for Q1'22 • U.S. GAAP net income attributable to controlling interests of $12.0 million for the quarter, compared to $23.8 million for Q1'22
  evidence_url: https://www.sec.gov/Archives/edgar/data/1748824/000174882423000028/0001748824-23-000028-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.